The Bottineau pioneer. (Bottineau, N.D.) 1885-1895, 1887-07-28

LEAN ENDlNG DIST, A. u
:. .- 1886, OF THE
Condition and Affairs
NORTHWESTERN AID ASSOCIATION
OF MINNEAPOLIS,
Organized under the laws Of the state Of Min.
laws SSH" Of a IL R RersSense OF the
Observation-Disclosures 4. Robinson.
Vice President-Henry e. Sparks.
S~ecretary-C. D. Brumfield.
Organized or Incorporated September 18th,
18th, 1856. ''s''''S 'ep'e'"
w. rR2 2EE hJ5M p ASSETS OF
The cash on deposit in bunk is.... 8 l0,425.O OF
Due from members less cost Of col
The cash in hands OF agents due
from members less cost Of col
lection ll,334.0l
Total assets 8 p, 9l4.6l
v. LIABILITIES.
Amount of losses yet unpaid. $500. s 0,993. 25
Amount OF claims for losses resist
ed by the LILLE
Amount Of money advanced by az
Amount of ali other existing "
claims due officers for salaries 1884. 80
Total liabilities ........ ....... 8 l5,S3S.9O
VI. INCOMEDURING THE YEAR 1855.
Whole amount of cash premiums
reccived-assessmentsk n
Membership fees, slo.43i. 10; dcpos. ''0'''''''
tied ~ members $32O.G 81. ....... 1O,752.O9
Whole amount of income received
from all other s~Ources-advanc
Gu ny OIncerS ................... 2,5OO.OO
Total Income. 5 A ,96l.(O
VII. EXPENSES DURING THE YEAR 1886.
Whole amount Of losecs paid dur
Ing the year 1885 ........ s Il, 049.74
Amount of commissions and fees
paid to officers and agents dur
Whole amount paid for salaries Of
agents during the year 1856. 7,774.s4
Whole amount Of oil other expend-
itures during the year ISS6..... 5,s43.sl
Total expenditures ........... 5 "a, 1868
VIII. RISKS.
Gross amount of risks taken dur
ing the year 1886 SO, l62, 100000
Gross amount Of risks taken in the
Territory Of Dakota during the
Whole amount Of risks out
Whole amount Of losses incurred ''''''''''
during the year 1886, including
those claimed and not yet due 22,754.32
STATE co OF MsI] n HsDns, }ss.
Henry s. Sparks, vice-president, and G. D.
Brumfeld, secretary of the Northwestern Aid
Association, of Minneapolis, Minnesota, being
is a full, true Inc correct statement of the az
fairs of said company; that the said insurance
company Is the bona. tide owner of atiieast one
ital, invested in the State and United States
stocks and bonds, or in bonds and mortgages
OF real estate unincumbered, and worth
mOrtgaged, and they are the above described
officers OF said insurance company.
H.. s. SPARKS, Vice-President
Z. L. BRUMFIELD Secretary.
Subscribed and sworn to before me this 5th
(sEAL.) ANDREW s. KEYEs,
Notary Public,
Hennepin County, Minnesota.
TERRITORY OF DAKOTA,G
Auditors Office,
Insurance Department..
I, James A. Ward, auditor Of the Territory
Of Dakota, do hereby certify that the above
is a true Q Q! the original statement now
hand and affixed the seal Of this office at Bis
marck, this 2lst day of July, 1887.
AMEs A.. WARD, Auditor.
F. b. MORSE, Deputy.
TIL TERRITORY OF DAKOTA-OFFICE
OF TERRITORIAL AUDTOR-DEPART-
MENT CT INSURANCE:
company y CcfL1lcaUe OF AuCnOrlty:
Whereas, the Northwestern Aid Association
q corporation organized under the avs of
Minnesota, has filed in this office a sworn
statement exhibiting its condition and bust
ness for the year ending December 3lst, 1885,
from which 1t appears that the character of
the securities, and the financial standing of
said company, conform to the requirements
Of the laws of this territory regulating the
business of insurance.; and
BWhereas, the said company has filed in this
Office a duly certified copy of its charter,
with certificate Of organization, and has fully
complied with the requirements of the insur-
ance laws aforesaid;
Now, therefore, I, James A. Ward, auditor
Of the Territory. Of Dakota, pursuant to the
provisions of said laws, do hereby certify that
the above named company is fully empower
ed through its authorized agents, to transact
its appropriate business of life insurance, in
this Territory, according to the laws thereof,
until the 3lst day Of December, A. d. 1887.
In testimony whereof, I have hereunto set
my hand and seal at bismarck, this 2lst
day of July, A. ID. lsS7.-
(SEAL.) JAMES A. WARD, Auditor.
Sill. BY B. +. MORSE, Deputy